Lifecycle Fund

Imaging departments are constantly challenged to stay up and running efficiently, effectively and without breaks in care delivery. Upgrading equipment and replacing parts. Training staff on a regular basis. Staying current on the latest imaging technology advancements. Investing in each usually requires extensive planning and an administrative effort to allocate funds, complete paperwork and get approvals—slowing your ability to get what you need when you need it.

1

Key challenge

Uncertainty were and when lifecycle funds will be needed over the next three to five years.

2

Key Philips solution

A flexible fund for hospitals and imaging departments to draw from on an as-needed basis.

3

Result for customer

Ability to order just what you need, with predictability of your investment and cost savings through discounts

4

Result for patients

Care delivered through the latest technologies and equipment from a well-trained care teams

Offerings based on customers’ needs

There’s no question your imaging department will need system upgrades, staff training or supply reorders over the next few years. But when and where you will need to allocate funds to make the purchase is unpredictable. Our Philips Lifecycle Fund gives your organization or department the flexibility to quickly and easily get the services and support you need, with predictable costs.

Lifecycle Fund is structured to put the purchasing power in your hands:

Fund is established at either the hospital level or imaging department level

Delivered through a multi-year term-based contract, with funds depleted over time

Total investment is determined by your specific needs and purchasing history

Periodic payments are fixed, while purchases against the account can be made any time

Additional discounts are provided for fund purchases and are established at start of contract

Offerings based on customers’ needs

There’s no question your imaging department will need system upgrades, staff training or supply reorders over the next few years. But when and where you will need to allocate funds to make the purchase is unpredictable. Our Philips Lifecycle Fund gives your organization or department the flexibility to quickly and easily get the services and support you need, with predictable costs.

Lifecycle Fund is structured to put the purchasing power in your hands:

Fund is established at either the hospital level or imaging department level

Delivered through a multi-year term-based contract, with funds depleted over time

Total investment is determined by your specific needs and purchasing history

Periodic payments are fixed, while purchases against the account can be made any time

Additional discounts are provided for fund purchases and are established at start of contract

What you need, when you need it

Benefits

For use on different imaging systems on departmental or hospital level

Financial

Budget predictability and deeper discounts

Strategic

Manage technology evolution from your operational budget

Value and smart investing

We are dedicated to helping you get the best possible value and return on your imaging systems investment. Our team works with you to help determine what level of investment in the Lifecycle Fund is right for your needs, and stays with you over the term of the contract to help advise you on the products and services that can make a real impact in your operations and quality of care.

Managing your upgrades and updates from the Lifecycle Fund means your equipment and staff are working at optimal efficiency, for optimal ROI.

Predictable: Investments are paid from operational budget and can be divided over the contract term

Discounted: Purchases from fund receive an addition discount

Education and training

Philips Lifecycle Fund makes access to training and education simple. Whether its training new staff members on workflow or educating users on a new interface from a technology upgrade, the fund makes it easy to get the services you need—faster and without a complex approval process. So your imaging department can operate at its highest efficiency while providing high quality care for your patients.

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By clicking on the link, you will be leaving the official Royal Philips Healthcare ("Philips") website. Any links to third-party websites that may appear on this site are provided only for your convenience and in no way represent any affiliation or endorsement of the information provided on those linked websites. Philips makes no representations or warranties of any kind with regard to any third-party websites or the information contained therein.